US HB7345

Directs the Congressional Budget Office, in collaboration with the Council of Economic Advisers, to conduct and publicly release a study on the long-term economic impact of immigration policies implemented beginning January 20, 2025

Requires the study to assess economic impacts over a 20 to 40 year timeframe across specific industries including public sector, service workers, farm workers, healthcare workers, and STEM fields

Mandates analysis of effects on public safety, immigration outflows, demographic changes, productivity, technological innovation, remittances, consumer spending, GDP contribution, and small businesses

Requires assessment of tax revenue impacts from mass deportation at federal, state, and local levels

Compels the Department of Homeland Security, Bureau of Labor Statistics, and IRS to share requested data with CBO; study must be completed within 180 days of enactment or by the end of the 119th Congress, whichever comes first